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RES-ORA-0270 Approving Owner Participation Agreement - Roseburrough Tool, Inc.RESOLUTION NO. ORA- 0270 A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE ORANGE REDEVELOPMENT AGENCY AND ROSEBURROUGH TOOL, INC. AND APPROVING THE PROVISIONS OF PUBLIC IMPROVEMENTS AND MAKING FINDINGS.WHEREAS, the Orange Redevelopment Agency (hereinafter referred to as the Agency") under the provision of the California Community Redevelopment Law, is engaged in activities necessary for the execution of the Redevelopment Plan for the Northwest Redevelopment Project (hereinafter referred to as the "Redevelopment Plan" and the " Project",respectively); and WHEREAS, Roseburrough Tool, Inc. (the "Participant") has proposed that the Agency enter into an Owner Participation Agreement submitted herewith (the"OPA") pursuant to which (i) the Participant shall undertake and complete certain improvements to its business premises at 630 North Batavia Street (the "Site"), (ii) the Participant shall covenant to use the Site in conformity with the Redevelopment Plan, (iii) the Participant shall take all appropriate action to assure that the Site is the point of sale for its taxable sales, and (iv) the Agency shall provide certain financial assistance, as more particular! y set forth in Section 212 of the OP A, a portion of which will defray the cost of certain public improvements therein referenced Public Improvements") which public improvements shall be among those provided for the Redevelopment Plan and which further shall be of benefit to the Project Area; and WHEREAS, the implementation of the OPA will promote the achievement of the objectives of the Redevelopment Plan by: encouraging private investment by the Participant and owners of property adjacent to or near the Site; maintaining and preserving the employment base of the community in manufacturing and other activities; and furthering the implementation of the Transportation Systems Improvement Program as applicable to the Project Area; and WHEREAS, the Agency has duly considered all terms and conditions of the proposed OPA and believes that the development of the Site pursuant to the subject OPA is in the best interests of the City and health, safety and welfare of its residents, and in accord with the public purposes and provisions of applicable State and local law requirements; NOW, THEREFORE, THE ORANGE REDEVELOPMENT AGENCY DOES RESOLVE AS FOLLOWS: Section 1: The Agency finds and determines that: (i) the provision of the Public Improvements is of benefit to the Project Area of the Project and the neighborhood in which such improvements are to be situated; and (ii) no other reasonable means of financing the Public Improvements are available to the City of Orange. Section 2: The Agency approves the OPA. The Chairman, the Executive Director, and the Agency Clerk are authoized and directed to execute such documents as may be necessary and proper to implement the OPA. ADOPTED this 19th day of October ,1993. Agency ATTEST: 0t~ () ~~ gencfCiek I hereby certify that the foregoing Resolution was duly and regularly adopted by the Orange Redevelopment Agency at a regular meeting thereof held on the 19th day of October , 1993, by the following vote: hiL ~\I'01..I)" AYES: SPURGEON. BARRERA, 1>II'!'JIIQR BEYER, COONTZ, MURPHY NOES: NONE ABSENT: NONE ABSTAIN: NONE 1~~ ~/j Clerk of the 0 ge Relie opment Agency lc/gd:b:reso- I rl I I OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE ORANGE REDEVELOPMENT AGENCY AND ROSEBURROUGH TOOL, INC. Northwest Redevelopment Project uBL:4586_1194182359.45 TABLE OF CONTENTS Page I.UOO] SUBJECT OF THE AGREEMENT ......................... I A. [~101J Purpose of this Agreement ........................... I B. [~102J The Redevelopment Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . .. I C. [~103J The Project Area ................................. I D. [~I04J The Site. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. I E. [~105J Parties to this Agreement ............................ 2 1. [~106J Agency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2 2. [~107J Participant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2 II. [ UOOJ DEVELOPMENT OF THE SITE . . . . . . . . . . . . . . . . . . . . . . . . . .. 2 A. [~ 20IJ Development of the Site by the Participant. . . . . . . . . . . . . . . . .. 2 I. [~ 202] Scope of Development ......................... 2 2. [~ 203] Design Review . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3 3. [~ 204] Cost of Construction .......................... 3 4. [~ 205] Construction Schedule. . . . . . . . . . . . . . . . . . . . . . . . .. 3 5. [~ 206] Applicable Laws ..... . . . . . . . . . . . . . . . . . . . . . . .. 3 6. [~ 207] Bodily Injury and Property Damage Insurance;Indemnification . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3 7. [~ 208] City and Other Governmental Agency Permits . . . . . . . . . .. 4 8. [~ 209] Rights of Access During Construction . . . . . . . . . . . . . . .. 4 9. [~ 210J Prohibition Against Transfer and Assignment of Agreement .. 4 B. [~ 211] Certificate of Completion ............................ 5 C. [~ 212] Agency Assistance ................................ 5 III. [~ 300] USE OF THE SITE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 6 A. [~ 30I] Use of the Site . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 6 B. [~ 302] Maintenance of the Site ............................. 6 C. [~ 303] Obligation to Refrain from Discrimination . . . . . . . . . . . . . . . . .. 6 D. [~ 304] Form of Nondiscrimination and Nonsegregation Clause. . . . . . . . .. 6 E. [~ 305J Agreement to be Recorded Affecting Real Property ............ 7 IV. [~ 400] REMEDIES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8 A. [~ 401] Rights of Access. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8 B. [~ 2] Effect and Duration of Covenants ....................... 8 C. [~ 3] Defaults . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8 D. [~ 404] Legal Actions ................................... 8 E. [~ 405J Applicable Law .................................. 9 F. [~ 406] Termination by the Agency ........................... 9 I v. [~ SOO] GENERAL PROVISIONS .............................. 10 A. [~ 50I] Conflicts of Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 10 B. [~ 502] Nonliability of Agency Officials and Employees ............. 10 C. [~ 503] Enforced Delay: Extensions of Times of Performance ......... 10 D. [~ 504] Sales Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 10 PUBL, 4586 _1194182359.45 VI. [~600] ENTIRE AGREEMENI', WAIVERS AND AMENDMENI'S ........ II VII. [~700] TIME FOR ACCEPTANCE OF AGREEMENI' BY AGENCY ...... II Attachment No. 1 Attachment No. 2 Attachment No. 3 Attachment No. 4 Attachment No. 5 Attachment No. 6 PUBL,4586_11941B2359.45 A17'ACHMENTS Map of the Site Legal Description of the Site Schedule of Performance Scope of Development Certificate of Completion of Construction and Development Agreement To Be Recorded Affecting Real Property ii OWNER PARTICIPATION AGREEMENT TIllS AGREEMENT is entered into as of the _ day of , 1993, by and between the ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic hereinafter referred to as the "Agency") and ROSEBURROUGH TOOL, INC., a California corporation (hereinafter referred to as the "Participant"). The Agency and the Participant agree as follows: I. [UOO] SUBJECT OF THE AGREEMENT A. [UOl] Purpose of this Agreement The purpose of this Agreement is to effectuate the Redevelopment Plan (the Redevelopment Plan") for the Northwest Redevelopment Project (the "Project") by providing for the development of certain real property (the "Site") included within the boundaries of the Project the "Project Area"). The development of the Site pursuant to this Agreement and the fulfillment generally of this Agreement are in the vital and best interests of the City of Orange (the "City") and the health, safety, morals and welfare of its residents and in accordance with the public purposes and provisions of applicable federal, state and local laws and requirements. Implementation of this Agreement will further the goals and objectives of the Redevelopment Plan. B. [U02] The Redevelopment Plan This Agreement is subject to the provisions of the Redevelopment Plan which was approved and adopted by the City Council of the City of Orange on June 28, 1988, by Ordinance No. 22-88. Said Redevelopment Plan is incorporated herein by reference and made a part hereof as though fully set forth herein.C. [U03] The Project Area The Project Area is located in the City of Orange, California, and the exact boundaries thereof are specifically described in the Redevelopment Plan.D. [U04] The Site The Site is that portion of the Project Area shown on the .Map of the Site,"attached to this Agreement as Attachment No. I and incorporated herein by reference, and as more particularly described in the .Legal Description of the Site," attached hereto as Attachment No.2 and incorporated herein by reference. The Site is composed of real property fee title to which is held by the Participant or as to which the Participant has entered into escrow to acquire which the Participant expects to be completed prior to the time established pursuant to this Agreement for commencement of construction of the Improvements, as more particularly provided in this Agreement. In the event the Participant is unable to acquire the Site by the time established therefor in the "Schedule ofPerformance," attached hereto as Attachment No.3 and U8L'4586_' 194)82359.45 incorporated herein by reference, this Agreement may, at the option of the Agency, be terminated by the Agency as set forth in Section 406 of this Agreement. E. [UOS] Parties to this Agreement 1. [U06] Agency The Agency is a public body, corporate and politic, exercising governmental functions and powers, and organized and existing under the Community Redevelopment Law of the State of California (Health and Safety Code Section 3300(J' et ~.). The principal office of the Agency is located at 230 East Chapman Avenue, Orange, California 92666. Agency,. as used in this Agreement, includes the Orange Redevelopment Agency and any assignee of or successor to its rights, powers and responsibilities. Except to the extent prohibited by applicable law or unless the context requires otherwise, such as concerning the review of plans by the City which is to be accomplished in accordance with the normal planning review process of the City, the Executive Director of the Agency may act on behalf of the Agency with respect to this Agreement. 2. [U07] Participant The Participant is Roseburrough Tool, Inc., a California corporation. California 92666. The principal office of the Participant is 211 South Main Street, Orange, Whenever the term "Participant" is used herein, such term shall include any permitted nominee, assignee or successor in interest as herein provided. II. [UOO] DEVELOPMENT OF THE SITE A. [UOI] Development of the Site by the Participant 1. [U02j Scope of Development Within the times established therefor in the Schedule of Performance Attachment No.3), the Participant agrees to develop the Site in accordance with the .Scope of Development,. attached hereto as Attachment NO.4 and incorporated herein by reference, and the architectural, landscape, site and construction plans approved by the City. The Agency designates the City as the entity which is to review and if appropriate approve plans and drawings for the purposes of this Agreement on behalf of the Agency. Approval of plans and drawings by the City shall be deemed sufficient for purposes of Sections 202 and 203 of this OP A. PUBL:4586 _1194182359.45 2 2. [1203] Design RevH<w Architectural and construl"1ion plans, drawings and related documents for development of the Site shall be prepared by the Participant and submitted to the City for review and written approval or disapproval within the time provided in the Schedule of Performance Attachment No.3). No construction shall take place except in accordance with said plans as approved by the City. 3. [1204] Cost of Construction The cost of developing the Site and constructing all improvements thereon shall be borne by the Participant, except for the work expressly set forth in this Agreement to be performed or paid for by the Agency or others. 4. [1205] Construction Schedule The Participant shall begin and complete all development and construction on the Site within the times specified in the Schedule of Performance (Attachment No.3) or such reasonable extension of said dates as may be granted by the Agency. The Schedule of Performance is subject to revision from time-to-time as mutually agreed upon in writing between the Participant and the Agency.5. [1206] Applicable Laws The Participant shall carry out the construction of the improvements on the Site in conformity with all applicable laws.6. [1207] Bodily Injury and Property Damage Insurance; Indemnification The Participant agrees to and shall defend, indemnify and hold harmless the Agency, the City, and their respective officers, agents, and employees from and against any and all claims, damages, losses, or demands in connection with or related to this Agreement, the subject matter of this Agreement, or the Site; the foregoing shall be deemed to include, without limitation, any claims, damages, losses, or demands pertaining to the presence of hazardous materials at the Site.Prior to the commencement of construction (or any work related thereto)upon the Site, the Participant shall furnish, or cause to be furnished, to the Agency duplicate originals or appropriate certificates of bodily injury and property damage insurance policies in the amount of at least $500,000 for any person, $1,000,000 for any occurrence and $ 300,000 property damage, naming the Agency and the City as co-insureds. The policy limits of such policies may be in lesser amounts if the Participant shall provide the Agency with duplicate originals or appropriate certificates of a binder (approved by the Agency) which indemnifies and holds the Agency and the City harmless from and against all liability , loss, damage, costs or expenses (including reasonable attorneys' fees and court costs) arising from or as a result of the death of any person or any accident, injury, loss or damage whatsoever caused to any person, or to the property of any person, which shall occur on or adjacent to the Site and which shall be directly or indirectly caused by any acts done thereon by, or any errors or omissions of, the PUBL'4586_ Participant and its agents, servants, employees and contractors, and which provides for the defense of the Agency and the city against all claims or causes of actions arising therefrom. The Participant shall also furnish to the Agency evidence satisfactory to the Agency that any contractor with whom it has contracted for the performance of work on the Site carries workers' compensation insurance as required by law. Such insurance policies shall be maintained and kept in force, and such obligation to indemnify shall continue, during all periods of construction upon the Site and until the Agency has issued a Certificate of Completion for the Site. 7. [UOS] City and Other Governmental Agency Permits Prior to the commencement of construction (or any work related thereto) upon the Site, the Participant shall secure, or cause to be secured, any and all permits which may be required by the City or any other governmental agency affected by such construction. 8. [U09] Rights of Access During Construction Representatives of the Agency and the City shall have the reasonable right of access to the Site, without charges or fees, at normal construction hours during the period of construction, for the purposes of this Agreement, including, but not limited to, the inspection of the work being performed in constructing the improvements. The foregoing shall be in addition to and shall not limit access otherwise available to representatives of the City pursuant to applicable laws. 9. [~210] Prohibition Against Transfer and Assignment of Agreement Prior to the issuance of a Certificate of Completion with respect to the construction of the Improvements, the Participant shall not, except as permitted by this Agreement, assign or attempt to assign this Agreement or any rights herein, nor make any total or partial sale, transfer, conveyance, assignment or lease of the whole or any part of the Site or the Improvements, without the prior written approval of the Agency (which approval shall not be unreasonably withheld so long as Jack Roseburrough or Sharon McBride retains a controlling interest in the assignee, and the assignor remains obligated to the Agency pursuant to the terms of this Agreement). This prohibition shall not apply subsequent to the issuance of the Certificate of Completion. This prohibition shall not be deemed to prevent the granting of easements or permits to facilitate the development of the Site or to prohibit or restrict the leasing or rental of all or any portion of the improvements on the Site for the uses specified herein and in the Redevelopment Plan. Any proposed buyer, transferee, conveyee, assignee or lessee shall have the qualifications and fmancial responsibility necessary and adequate, as may be reasonably determined by the Agency, to fulfill the obligations undertaken in this Agreement by the Participant. Any such proposed buyer, transferee, conveyee, assignee or lessee, by instrument in writing satisfactory to the Agency and in form recordable among the land records, for itself and its successors and assigns, and for the benefit of the Agency, shall expressly assume all of the obligations of the Participant under this Agreement and agree to be subject to all conditions and restrictions to which the Participant is subject. There shall be submitted to the Agency for PUBL:4S86_II94IB23S9.4S 4 review all instructions and other legal documents proposerl to efle>2t any such sale, transfer, conveyance, assignment or lease, and, if approverll:>y the Agency, such approval shall be indicated to the Participant in writing. In the absence of specific, writtenagreemern bS the Agency, no such sale. transfer, conveyance, assignment or lease, or the approval thereof by the Agency, shall be deemed to relieve the Participant or any other parry from any obligations under this Agreement. Notwithstanding the foregoing portion of this Section 210, mortgages, deeds of trust, sales and leases-back, or any other form of conveyance required for any reasonable method of financing are permitted before issuance of a Certificate of Completion.B. [1211] Certificate of Completion Following the completion of all of the Improvements and the written request of the Participant, the Agency shall furnish the Participant with a Certificate of Completion (in the form attached hereto as Attachment No.5) which evidences and determines the satisfactory completion of such work. The Certificate of Completion shall not be withheld or delayed by the Agency unless the Participant shall have failed to satisfactorily complete the construction required by this Agreement in substantial compliance with the terms and provisions hereof and the approved architectural, landscape, site and construction plans for the development of the Site. Upon issuance of such Certificate of Completion, the respective rights and obligations of the parties with reference to the Site shall be limited to those set forth in the Agreement to be Recorded Affecting Real Property as described in Section 305 of this Agreement.Such Certificate of Completion shall not be deemed or construed to constitute evidence of compliance with or satisfaction of any obligation of the Participant to any holder of a mortgage or any insurer of a mortgage securing money loaned to finance the construction of the improvements on the Site. Such Certificate of Completion is not a notice of completion as referred to in Section 3093 of the California Civil Code.C. [1212] Agency Assistance Prior to or following completion of the Improvements, the Participant shall provide substantiation to the Executive Director of the Agency or his designee demonstrating the amounts expended by the Participant to third parties in connection with the .Countable Items" ,which are set forth in Exhibit A to the Scope of Development (Attachment No.4). The Executive Director or his designee will reasonably evaluate the materials submitted by the Participant in connection with this Section 212. The Participant shall cooperate with the Executive Director and his assignee and will submit additional materials or substantiation upon receipt of request therefor by the Executive Director or his designee. Within a reasonable time after (i) verifying the amounts expended by the Participant to third parties in connection with the Countable Items and (ii) confirming that the Participant has caused to be recorded the Agreement To Be Recorded Affecting Real Property (Attachment No.6), the Agency shall pay to the Participant or, with respect to the Maximum TSIP Amount the Agency will pay to the City, the Agency Assistance., which is that amount equal to the sum of (i) the lesser of (aa) the sum of Sixteen Thousand Dollars ($16,000) or (hb) the amount of Transportation Systems Improvement Program ("TSIP") Fees in the event such TSIP Fees are imposed by the City based upon those PUBL:4586_11941B2359,45 Improvements on the Site for which construction is commenced by not later than November 15, 1993 (the .Maximum TSIP Amount"), and (ii) the lesser of (aa) the amounts expended by the Participant to third parties in connection with the Countable Items as verified by the Executive Director or his designee or (bb) One Hundred Nine Thousand Dollars ($109,000) (the Maximum Construction Amount"). Except as expressly set forth in this Section 212, the Agency shall not be responsible for the performance of, or payment for, any work in connection with development of the Site as contemplated herein. III. [f300] USE OF THE SITE A. [f301] Use of the Site The Participant agrees and covenants to devote the Site to the uses specified in the Redevelopment Plan and to comply with all other provisions and conditions of the Redevelopment Plan for the period of time the Plan is in force and effect. B. [f302] Maintenance of the Site The Participant agrees to keep and maintain the Site in a clean and orderly condition and to maintain in good condition and repair all improvements on the Site for the period of time the Redevelopment Plan is in force and effect. Notwithstanding Sections 301, 303 and 305 of this Agreement and the foregoing portion of this Section 302, the Participant shall be responsible for all aspects of management and control of the Site and the use thereof, and the Agency shall have no jurisdiction or authority over the day-to-day operations of the Participant.C. [f303] Obligation to Refrain from Discrimination The Participant covenants and agrees for itself, its successors, its assigns and every successor in interest to the Site or any part thereof, that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed,religion, sex, marital status, ancestry or national origin in the sale, lease, sublease, transfer, use,occupancy, tenure or enjoyment of the Site, nor shall the Participant itself or any person claiming under or through it establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants,lessees, subtenants, sublessees or vendees of the Site. The foregoing covenants shall run with the land and shall remain in effect in perpetuity.D. [f304] Form of Nondiscrimination and Nonsegregation Clause The Participant shall refrain from restricting the rental, sale or lease of the Site on the basis of race, color, creed, religion, sex, marital status, ancestry or national origin of any person. All such deeds, leases or contracts shall contain or be subject to substantially the following nondiscrimination or nonsegregation clauses:PUBC,4586_1 1941 82359. 1. In deeds: "The grantee herein covenants by and for himself, his heirs, executors, administrators and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, ancestry or national origin in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy or tenants, lessees, subtenants, sub lessees or vendees in the land herein conveyed. The foregoing covenants shall run with the land." 2. In leases: .The lessee herein covenants by and for himself, his heirs, executors, administrators and assigns, and all persons claiming under or through him, and this lease is made and accepted upon and subject to the following conditions: That there shall be no discrimination against or segregation of any person or group of persons, on account of race, color, creed, religion, sex, marital status, ancestry or national origin in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the land herein leased nor shall the lessee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy or tenants, lessees, sublessees, subtenants or vendees in the land herein leased.'" 3. In contracts: "There shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, ancestry or national origin in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land, nor shall the transferee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees of the land." E. [UOs] Agreement to be Recorded Affecting Real Property Concurrent with this Agreement, the Participant and the Agency have executed an Agreement to be Recorded Affecting Real Property,. in the form attached hereto as Attachment No.6 and incorporated herein by reference, which provides for certain covenants and agreements on the part of the Participant consistent with the terms and purpose of this Agreement. The Participant shall execute and cause to be recorded by the County Recorder of Orange among the official land records of the County of Orange the Agreement to be Recorded Affecting Real Property and shall provide proof thereof to the Executive Director of the Agency prior to requesting payment of any portion of the Agency Assistance. PUBL'4586_11941B2359.45 7 IV. [6400] REMEDIES A. [6401] Rights of Access For the purposes of assuring compliance with this Agreement, representatives of the Agency and the City shall have the reasonable right of access to the Site without charges or fees for the purpose of inspection of the Site. Such representatives of the Agency or the City shall be those who are so identified in writing by the Director of the Agency. This Section 401 shall be in addition to and shall not operate as a limitation upon those rights the City has to inspect the Site pursuant to applicable laws. . B. [6402] Effect and Duration of Covenants The covenants contained in Sections 301 and 302 of this Agreement shall remain in effect until June 28, 2028 (the termination date of the Redevelopment Plan). The covenants against discrimination contained in Sections 303 and 304 of this Agreement shall remain in effect in perpetuity. The covenants established in this Agreement shall, without regard to technical classification and designation, be binding on the part of the Participant and any successors and assigns to the Site or any part thereof, and the tenants, lessees, sub lessees and occupants of the Site, for the benefit of and in favor of the Agency, its successors and assigns, the City and any successor in interest thereto. C. [6403] Defaults Subject to the extensions of time set forth in Section 503, failure or delay by either party to perform any term or provision of this Agreement constitutes a default under this Agreement. The nondefaulting party shall notify the defaulting party that a default exists and that the defaulting party must cure same within thirty (30) days of receipt of the notice of default. The party who so fails or delays must immediately commence to cure, correct or remedy such failure or delay, and shall complete such cure, correction or remedy with reasonable diligence and during any period of curing shall not be in default. D. [6404] Legal Actions In addition to any other rights or remedies, either party may institute legal action to cure, correct or remedy any default, to recover damages for any default or to obtain any other remedy consistent with the purpose of this Agreement. Such legal actions must be instituted in the Superior Court of the County of Orange, State of California, in any other appropriate court in that county, or in the Federal District Court in the Central District of California. The nondefaulting party may also, at its option, cure the breach and sue in any court of proper jurisdiction to collect the reasonable costs incurred by virtue of curing or correcting the defaulting party's breach. Further, the nondefaulting party may file legal action to require the defaulting party to specifically perform the terms and conditions of this Agreement. oo8L'4586_1194182359.45 8 E. [f405] Applicable Law The laws of the State of California shall govern the interpretation and enforcement of this Agreement. F. [f406] Termination by the Agency In the event that prior to the issuance of a Certificate of Completion pursuant to Section 213 hereof: 1. The Panicipant transfers or assigns or attempts to transfer or assign this Agreement or any rights herein in violation of this Agreement; or 2. The Panicipant fails to submit to the City within the times established therefor in the Schedule of Performance (Attachment No.3) plans for the development of the Site; or 3. The Participant fails to acquire title to the Site on or prior to the date established therefor in the Schedule of Performance (Attachment No.3); or 4. The Participant fails to commence or complete construction of the Improvements to be constructed on the Site by the respective times established therefor in the Schedule of Performance (Attachment No.3); or 5. The Panicipant fails to submit to the Agency certificates of, and maintain in force, insurance policies in accordance with me provisions of Section 207 hereof; or 6. The Participant is in breach or default with respect to any other obligation of the Participant under this Agreement; and 7. If any default or failure referred to in subsections 2, 3,4, 5 and 6 of this Section shall not be cured within thirty (30) days after the date of written demand by the Agency; then this Agreement, and any rights of the Panicipant or any assignee or transferee in this Agreement pertaining thereto or arising therefrom with respect to the Agency, may, at the option of the Agency, be terminated by the Agency. Upon such termination, neither party shall have any further rights against or liability to the other under this Agreement or with respect to the subject matter of this Agreement. PU8L'4586_1194182359.45 9 V. [~500] GENERAL PROVISIONS A. [~501] Conflicts of Interest No member, official or employee of the Agency shall have any personal financial interest, direct or indirect, in this Agreement nor shall any such member, official or employee panicipate in any decision relating to this Agreement which affects his personal financial interests or the financial interests of any corporation, partnership or association in which he is directly or indirectly financially interested. The Panicipant warrants that it has not paid or given, and will not payor give, any third party any money or other consideration for obtaining this Agreement. B. [~502] Nonliability of Agency Officials and Employees No member, official or employee of the Agency shall be personally liable to the Panicipant in the event of any default or breach by the Agency or for any amount which may become due to the Panicipant or on any obligations under the terms of this Agreement. C. [~503] Enforced Delay: Extensions of Times of Performance In addition to specific provisions of this Agreement, performance by either party hereunder shall not be deemed to be in default where delays or defaults are due to war; insurrection; strikes; lock-outs; riots; floods; earthquakes; fires; casualties; acts of God; acts of the public enemy; epidemics; quarantine restrictions; freight embargoes; lack of transportation;governmental restrictions or priority; litigation; unusually severe weather; inability to secure necessary labor, materials or tools; delays of any contractor, subcontractor or supplier; acts of the other party; acts or the failure to act of the City or any other public or governmental agency or entity (except that acts or the failure to act of the Agency shall not excuse performance by the Agency) or any other causes beyond the control or without the fault of the party claiming an extension of time to perform. An extension of time for any such cause shall be for the period of the enforced delay and shall commence to run from the time of the commencement of the cause,if notice by the party claiming such extension is sent to the other party within thirty (30) days of the commencement of the cause. Times of performance under this Agreement may also be extended in writing by the Agency and the Panicipant.Notwithstanding the foregoing, no extension of time for performance shall be allowable pursuant to this Section 503 with respect to (i) failure or delay in the Panicipant obtaining title to the Site or (ii) difficulty or inability to obtain financing for the purchase of the Site or the development of the Improvements.D. [~504] Sales Tax The Panicipant agrees that all products or services manufactured at and distributed to customers from the facilities constructed by the Panicipant on the Site and subject to California sales tax, shall be sold on the Site. The Panicipant will take any legally necessary steps to change its accounting, bookkeeping and reporting procedures so as to establish the Site as the sims of all taxable retail sales manufactured and/or distributed from the Site. Notwithstanding PUBL:4586 _11941 82359.45 any other provisions hereof, the provisions of this Section shall survive the issuance of the Certificate of Completion for the Site. VI. [~600] ENTIRE AGREEMENT, WAIVERS AND AMENDMENTS This Agreement is executed in three (3) duplicate originals each of which is deemed to be an original. This Agreement comprises pages 1 through 12, inclusive, and Attachment Nos. 1 through 6, which constitute the entire understanding and agreement of the parties. This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto, and supersedes all negotiations or previous agreements between the parties with respect to all or any part of the subject matter hereof. All waivers of the provisions of this Agreement must be in writing and signed by the appropriate authorities of the Agency and the Participant, and all amendments hereto must be in writing and signed by the appropriate authorities of the Agency and the participant. VII. [~700] TIME FOR ACCEPTANCE OF AGREEMENT BY AGENCY This Agreement, when executed by the Participant and delivered to the Agency, must be authorized, executed and delivered by the Agency within forty-five (45) days after the date of signature by the Participant or this Agreement shall be void, except to the extent that the Participant may consent in writing to further extensions of time for the authorization, execution and delivery of this Agreement. The effective date of this Agreement shall be the date when this Agreement has been signed by the Agency.ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic Dated:1993. By: Chairman AGENCY" ATIEST:Agency Clerk Signatures continued on next page]PUBL,4586_11941B2359.45 Dated: Dated: J:; a,~ .? ,,- OV4586_119418235945 Signatures continued from previous page]1993.1993. ROSEBURROUGH TOOL, INC., a California corporation JY' l! /~~%;;~ By: /iIMu. ~ Lo"idJ Its: dA/ r .~.. /.12 PARTICIPANT" ATTACHMENT NO.2 LEGAL DESCRIPTION OF THE SITE BECIHNING AT A POIMT 1M THE EAST LIME OP THE HARY C. THOMAS TRACT, AS SHOWN ON A HAP RECORDED 1M BOOI: 5, PAGE 158 OP KISCELLAH!:OOS RECORDS OP LOS ANGELES COUNTY. CALIPORNIA, SAID POIMT BEIMG DISTANT NORTH O. 06' 40' VEST 342.79 PEET PROK THE NORTBVEST CORMEI OP TRACT NO. 1450, IN THE CITY OP ORAMGE, COUNTY OF ORAMGE, STATE OP CALIFORNIA. AS SHOWH OM A HAP RECORDED 1M BOOI: 62, PAGE 17 OF KISCILLA1f!OUS HAPS, RECORDS OP ORANGE COlllfTY, CALIFORNIA; TH!lfCE NOITH O. 06' 40' WEST 779.18 FEET TO A POINT 1M THE SOUTHElLY LIN! OF THE RIGHT OF WAY OF THE SOUTHDlf CALIPORNIA RAILWAY, MOW THE ATCHISOM, TOFUA AIID SANTA 1'! RAILWAY COHPANY; THEMCE SOUTH 70. 44' 00' EAST ALORe SAID SOUTHElLY RIGHT OP VAY LIN! 532.03 FEET TO A POINT 1M THE C!lfTElLIN! OP BATAVIA STllE!T 65.00 FUT VIDE; THENCE SOUTS O. 06' 30' WEST ALOMO SAID CEHTElLIN! 600.13 PEET TO A POINT n1STANT MORTS O. Oil' 30' !AST 347.45 "l':ET PROM TIIB NOIlTIIVBST CORMEI OF RICHLAHD FAIlK LOT NO. 27 AS SHOVN OM A HAP RECORDED 1M BOOI: 5. PAGE 123 OP KISCILLAlfEOUS RECORDS OP LOS ANGELES COUNTY, CALIPORNIA, THENCE SOUTS 89. 35' 55. WEST 499.60 FEET TO THE POIMT OP BECIHNIMG. EXCEPTING THEREPIlOK THE SOUTS 407.54 FEET, SAID SOUTH 407.54 FUT BEIMG MEASURED ALONG BATAVIA STUET. ALSO EXCEPTING THEREPIlOK THE WEST 7.00 FEET OP Tn EAST 40 FEET AS DESCIlIBED IN A DEED TO TSE CITY OP OIlAHGE, RECORDED HARCS I, 1965, lit BOOr: 7429, PAGE 411, OFPICIAL RECORDS. Bv4586_11941823594S ATTACHMENT NO.2 ATTACHMENT NO.3 SCHEDULE OF PERFORMANCE Action I. Execution of Agreement by Agency. The Agency shall authorize execution of this Agreement and execute and deliver this Agreement to Participant. 2. Submission of Final Plans, Drawings and Related Documents. The Participant shall submit to the City for its approval detailed plans, drawings and related documents for the work to be performed on the Site. 3. City Approval. The City will review and approve or disapprove the plans, drawings and related documents submitted under Item 4, above. 4. Acquisition of Site by Participant. The Participant shall acquire title to the Site. 5. Commencement of the Improvements. The Participant shall commence construction of Improvements. 6. Completion of the Improvements. The Participant shall complete construction of the improvements. Date Within forty-five (45) days after the Participant signs this Agreement and deli vers it to the Agency.to the Agency.Not later than September 28, 1993.In accordance with normal City processing.Not later than September 28, 1993.Within 30 days after approval of final plans, drawings and related documents therefor and issuance of permits but in no event shall construction commence later than November 15, 1993.Within eighteen (18) months after the earlier of (i) the commencement of construction, or (ii) the time established in this Schedule of Performance for the commencement of construction.PUBL:4586_1194182359. 45 ATTACHMENT NO. 3 Page 1 of ATTACHMENT NO.4 SCOPE OF DEVEWPMENT I.GENERAL DESCRIPTION The Site contains approximately 3 . 4 acres and is situated at 630 North Batavia Street, Orange, California. II. DEVEWPMENT The Participant will undertake the extensive interior and exterior rehabilitation of the building which currently exists on the Site. The rehabilitation shall include, without limitation, replacement of the roof, installation of signs, and exterior renovation, asphalt resurfacing, and landscaping. All improvements contemplated pursuant to this Agreement shall be accomplished in one phase. The Participant shall develop those improvements to be situated on-site pursuant to this Attachment No. 4 (the 'On-site Improvements ') and those off-site improvements required to be constructed as conditions of approval imposed by the City in its entitlement or approval process the 'Off-Site Improvements'); the On-Site Improvements and the Off- Site improvements collectively constitute the 'Improvements'.The Participant shall commence and complete the Improvements by the respective times established therefor in the Schedule of Performance ( Attachment No.3).III. DEVELOPMENT STANDARDS The Improvements shall conform to local zoning, applicable provisions of the Municipal Code and the following development standards:A. Building Setbacks. Minimum building setbacks for buildings and parking areas shall conform to City approval.B. Building Coverage. The amount of land within the Site covered by buildingsshall satisfy requirements of the City.C. Building Height. Buildings shall not exceed the height permitted by the City.D. Vehicular Access. The placement of vehicular driveways shall be coordinated with the needs of proper street traffic flow. In the interest of minimizing traffic congestion, the City will control the number and location of curb breaks for access to the Site, for off-street parking and truck loading. All access driveways shall require written approval of the City.PUBL, 4S86_1194I823S9.4S ATTACHMENT E. Loading. Adequate loading and 'unloading space .~'tla]l be provided as approved by the City. Loading spaces visible from streets shalJhe .landscaped ,'JT "~Teened to prevent an unsightly or barren appearance. Said requiremen~ .shall 'ai.wcollkllJ,n 11) Municipal Code. F. Signs. Signs shall be limited 'm 'Size., subdued ancJ':>lherwise designed to contribute positively to the enviromnent. All signs shall conform mlhe approved final signage plan, as approved by the City. Any additional signs identl'lYing building use will be permitted, but their height, size, location, color, lighting.and design will be .su~ject to City approval. G. Screening. All outdoor storage of materials or equipment shall be enclosed or screened to the extent and in the manner required by the City . H. Landscaping. the Participant shall provide and maintain landscaping within the setback area along all street frontages and conforming with the final design drawings as hereafter approved by the City. Landscaping shall consist of trees, shrubs and installation of an automatic irrigation system adequate to maintain such plant material. The type and size of trees to be planted, together with a landscaping plan, shall be subject to City approval prior to planting. I. Utilities. All utilities on the Site shall be underground or enclosed at Participant's expense. J. Painting. All exterior walls shall be painted by the Participant with color(s) subject to City approval. K. Building Design. Buildings shall be constructed such that the Improvements shall be of high architectural quality, and shall be effectively and aesthetically designed. L. Parking. The Participant shall provide and maintain sufficient on-site parking for employees and customers as approved by the City.M. Public Improvements and Utilities. The Participant, at its own cost and expense shall provide or cause to be provided all those public improvements as may be required pursuant to the City planning approval process. Such public improvements shall be commenced and completed by the respective times set forth for the commencement and completion of the Improvements in the Schedule of Performance (Attachment No. 3).IV. DEMOLITION AND SOILS The Participant shall be responsible for any demolition of facilities at the Site necessary for the development of the improvements. The Participant additionally assumes all responsibility for surface and subsurface conditions at the Site, and the suitability of the Site for the Improvements and the operations of the Participant. After it acquires title to the Site, if the surface and subsurface conditions are not entirely suitable for use by the Participant, the Participant shall at its cost take all actions necessary to render the Site entirely suitable for such PUBL,4586_11941823S9. 4S ATTACHMENT NO. 4 Page 2 of development and use. The Participant has undertaken all investigation of the Site it has deemed necessary and has not received or relied upon any representations of the Agency, the City, or their respective officers, agents and employees. PUBL,4S86_1194I823S9.4S ATTACHMENT NO.4 Page 3 of 3) ExmBIT A TO SCOPE OF DEVEWPMENT Attachment No.4) COUNTABLE ITEMS EXTERIOR PHYSICAL IMPROVEMENTS Painting of exterior Landscaping Gate and additional fencing in the gate area Exterior electrical, including floodlights and safety lights Replacement of front glass doors and four bronze windows Fill in and repaving of the depressed truck dock at front entrance Removal of front entrance, boiler, compressor, fence, posts and fire hydrant in parking lot Repair and surfacing of asphalt New wall signs PUBL,4S86 _11941 823S9.45 ExmBIT A TO ATTACHMENT NO.4 ATTACHMENT NO.5 RECORDED AT THE REQUEST OF: WHEN RECORDED, RETURN TO: ) NORTHWEST REDEVEWPMENT PROJECT ORANGE, CALIFORNIA CERTIFICATE OF COMPLETION OF CONSTRUCTION AND DEVEWPMENT WHEREAS, by an Owner Participation Agreement dated , 1993, by and between the ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic hereinafter referred to as the 'Agency') and ROSEBURROUGH TOOL, INC., a California corporation (hereinafter referred to as the 'Participant'), the Participant has developed the real property (the 'Site"), legally described on the attached Exhibit A, by constructing or causing to be constructed the improvements thereon according to the terms and conditions of said Owner Participation Agreement ('OPA'); and WHEREAS, pursuant to Section 213 of the OP A, after completion of all work of construction to be completed by the Participant upon the Site, the Agency shall furnish the Participant with a Certificate of Completion upon written request therefor by the Participant; and WHEREAS, the issuance by the Agency of the Certificate of Completion shall be conclusive evidence that the Participant has complied with the terms of the OP Apertaining to the development of the Site and to the work of construction of the improvements on the Site; and WHEREAS, the Participant has requested that the Agency furnish the Participant with the Certificate of Completion; and WHEREAS, the Agency has conclusively determined that the work of construction and development on the Site as required by the OPA has been satisfactorily completed;PUBL' 4586_1194182359.4S ATTACHMENT NO.5 Page 1 of 2) NOW, THEREFORE: 1. As provided in the OPA, the Agency does hereby certify that development of the Site and the work of construction of the improvements on the Site has been fully and satisfactorily performed and completed, and that such development and construction work is in full compliance with said OPA. 2. Said OPA is therefore of no further force and effect, and all rights, duties, obligations and liabilities of the Agency and the Participant thereunder shall cease to exist. Any continuing and existing rights, duties, obligations and liabilities pertaining to the Site are provided in an Agreement to be Recorded Affecting Real Property which shall be recorded promptly after issuance of this Certificate of Completion. 3. This Certificate of Completion does not constitute evidence of compliance with or satisfaction of any obligation of the Participant to any holder of a mortgage or any insurer of a mortgage securing money loaned to finance the work of construction of improvements and development of the Site, or any part thereof. This Certificate of Completion is not a notice of completion as referred to in Section 3093 of the California Civil Code. IN WITNESS WHEREOF, the Agency has executed this Certificate as of this day of , 1993. ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic By: Executive Director ATTEST: Agency Clerk ACCEPTED BY PARTICIPANT: By: PUBL, 4586 _1194182359.45 ATTACHMENT NO.5 Page 2 of 2) EXHIBIT A LEGAL DESCRIPTION OF THE SITE BEGllfHIHG AT A POIMT lit THE EAST LINE OF THE MARY C. THOMAS TRACT, AS SHOWN ON A HAP RECORDED 1M BOOI: 5, PAGE 168 OF KISCELLAH!:OUS RECORDS OF LOS ANGELES COUNTY, CALIPORlfIA, SAID POINT BEIMG DISTANT MORTH O. 06' 40' VEST 342.79 PElT PROK THE MORTBVEST CORNEl OF TRACT NO. 1450, 1M THE CITY OP ORANGE, COUNTY OF ORANGE, STAT! OP CALIPORNIA. AS SHOWH ON A HAP RECORDED IN BOOIt 62, PAGE 17 OP KISCILLAH!OUS HAPS, RECORDS OP ORANGE COUNTY, CALIFORNIA; TH!lfCE NOITH O. 06' 40' VEST 779.18 FEET TO A POINT 1M THE SOUTH!IlLY LIMB OP THE RIGHT OF WAY OP THE SOUTBDlf CALIPORNIA RAILWAY, NOW TBI ATCHISOM, TOPUA AIID SANTA n RAILWAY COHPANY; THENCE SOUTB 70. 44' 00' EAST ALONG SAID SOUTS!IlLY RIGHT OF VAY LINE 532.03 FEET TO A POINT lit TBE C!lfTElLIMB OP BATAVIA STUET 611.00 PEET VIDE; TBENCE SOUTS O. Oil' 30' VEST ALaMO SAID C!IfT!IlLIMB 600,13 PEET TO A POINT n1STAHT MOIlTB O. 011' 30' EAST 347.45 ""ET PRCK TnB NOIlTBVBST COIllfBll OF RICHLAND FARK LOT NO. 27 AS SBOVN OM A HAP RECORDED 1M BOOI: 5, PAGE 123 OP KISCELLAlfEOUS RECORDS OP LOS ARGELES COUNTY, CALIPORNIA, THENCE SOOT! B9. 35' 55' VEST 499.60 FEET TO THE POINT OP BECIHNIHG. EXCEPTIIfG THEREPIlOK THE SOUTB 407.54 FEET, SAID SOUTH 407.54 FEET BEING MEASURED ALOMO BATAVIA STUET. ALSO EXCBPTIIfG THEREPIlOK TBE WEST 7.00 nET OP TBE EAST 40 FEET AS DESCIlIBED 1M A DEED TO THE CITY OP ORAlfGE, UCORDED HARCS 1, 19115, lit BOOr: 7429, PAGE 411, OPPICIAL RECORDS. PtfIU_'4<1I6_1IQ418'2~~94S EXHIBIT A TO ATTACHMENT NO.5 ATTACHMENT NO.6 RECORDED AT THE REQUEST OF: WHEN RECORDED, RETURN TO: r- NORTHWEST REDEVELOPMENT PROJECT ORANGE, CALIFORNIA AGREEMENT TO BE RECORDED AFFECTING REAL PROPERTY THIS AGREEMENT is entered into this _ day of , 1993, by and between the ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic hereinafter referred to as the 'Agency') and ROSEBURROUGH TOOL, INC., a California corporation (hereinafter referred to as the 'Participant'), with reference to the following: A. The Participant is the present owner of the real property (the 'Site') located in the City of Orange, County of Orange, State of California, legally described in the attached Exhibit A. B. The Site is within the boundaries of Northwest Redevelopment Project (the Project') in the City of Orange and is subject to the provisions of the Redevelopment Plan for the Project adopted by Ordinance No. 22-88 on June 28, 1988 by the City Council of the City of Orange.C. Recordation of this Agreement at the Agency's request is conclusive evidence that the Participant has constructed the improvements on the Site and has otherwise developed the Site in accordance with the Redevelopment Plan and pursuant to the terms and provisions of a certain Owner Participation Agreement' entered into between the Agency and the Participant on 1993.PUBL,4586_1194182359. 45 ATTACHMENT NO, 6 page 1 of NOW, THEREFORE, THE AGENCY AND THE PARTICIPANT AGREE AS FOLWWS: 1. The Participant, on behalf of itself and its successors, assigns and each successor in interest to the Site or any part thereof, hereby covenants and agrees: a. To use, devote and maintain the Site and each part thereof for the purposes and uses specified in the Redevelopment Plan. b. To maintain the improvements and landscaping on the Site and keep the Site free from any accumulation of debris and waste materials. c. Not to discriminate upon the basis of race, color, creed, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Site or any improvements thereon or any part thereof. Each and every deed, lease and contract entered into with respect to the Site shall contain or be subject to substantially the following nondiscrimination or nonsegregation clauses: 1) 2) PUBL'4586_1194182359.45 In deeds: 'The grantee herein covenants by and for himself, his heirs, executors, administrators and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number use or occupancy of tenants, lessees, subtenants, sub lessees or vendees in the land herein conveyed. The foregoing covenants shall run with the land. ' In leases: 'The lessee herein covenants by and for himself, his heirs, executors, administrators and assigns, and all persons claiming under or through him, and this lease is made and accepted upon and subject to the following conditions: That there shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin or ancestry in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the land herein leased nor shall the lessee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sublessees, subtenants or vendees in the land herein leased." ATTACHMENT NO.6 Page 2 of 4) 3)In contracts: 'There :shall be no discrimination against or segregation of any tye:rIDD or groop of persons on account of race, color, creed, religion, 'sex, marital status, national origin or ancestry in the sale, 'lease, sublease, transfer, use, occupancy, tenure or enjoyment 01 the land, nor shall the transferee himself, or any person claiming under or through him, establish or permit any such practice or pr3(.1ices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees of the land.' 2. Notwithstanding the foregoing, the Participant shall be responsible for all aspects of management and control of the Site and the use thereof, and the Agency shall have no jurisdiction or authority over the day-to-day operations of the Participant.3. There shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Site or any part thereof, nor shall the Participant, its successors, assigns or successors in interest to the Site or any part thereof, or any person claiming under or through them, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location,number, use or occupancy of tenants, lessees, subtenants, sublessees or vendees of the Site or any part thereof.4. The covenants and agreements established in this Agreement shall, without regard to technical classification and designation, be binding on the Participant and any successor in interest to the Site, or any part thereof, for the benefit of and in favor of the Agency, its successors and assigns, and the City of Orange. Except as set forth in the following sentence,the covenants contained in paragraphs la and 1 b of this Agreement shall remain in effect until June 28, 2028. The covenants against discrimination (contained in paragraphs lc and 3) shall remain in perpetuity.5. The covenants and restrictions contained in this Agreement shall not benefit nor be enforceable by any owner of any other real property within or outside the Project or any person or entity having any interest in any such other real property.PUBL,4586_1194182359. 45 ATTACHMENT NO. 6 Page 3 of IN WITNESS WHEREOF, the Agency and the Participant have executed this Agreement as of the date first above written. ORANGE REDEVELOPMENT AGENCY, a public body, corporate and politic Dated:1993.By: Executive Director AGENCY" ATTEST: By: Agency Clerk ROSEBURROUGH TOOL, INC., a California corporation Dated :1993.By: Its: Dated:1993.By: Its: PARTICIPANT" PUBLo4S86_ 1 1941 823S9.45 ATTACHMENT NO.6 Page 4 of 4) State of California County of Orange On , 199_, before me, Notary Public, personally appeared proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. SiIf1lOlllr< of Notary Optional Section Although the information requested below is optional, it could prevent fraudulent attachment of this certificate to an unauthorized document. TillS CERTIFICATE MUST BE AITACHED TO THE DOCUMENT DESCRIBED AT RIGHT: Title or Type of Document Number of Pages Date of Document Signer(s) Other than Named Above Optional Section:Although the statute does not require the notary to fill in the data below, doing so may prove invaluable to persons relying on the document. o Individual o Corporate Officer(s): 7itk(s) o Partner(s): 0 Limited 0 General o Attorney- in-fact o Trustee( s)o Guardian/Conservator o Other:r!SIGNER IS REPRESENTING:Name(s) of puson(s) or entity(ies)PUBL'4586_1194182359.45 ATTACHMENT State of California County of Orange On , 199_, before me, Notary Public, personally appeared proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Signah4n of Notary Optional Section Although the information requested below is optional, it could prevent fraudulent attachment of this certi ficate to an unauthorized document. Tms CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED AT RIGHT: Title or Type of Document Number of Pages Date of Document Signer(s) Other than Named Above Optional Section:Although the statute does not require the notary to fill in the data below, doing so may prove invaluable to persons relying on the document. o Individual o Corporate Officer( s): 1ille(S) o Partner( s): 0 Limited 0 General o Attorney- in-fact o Trustee(s)o Guardian/Conservator o Other:SIGNER IS REPRESENTING:Name(s) of person(s) or entity(ies)PUBL,4S86_1194I823S9.4S ATTACHMENT EXHIBIT A to ATTACHMENT NO.6 LEGAL DESCRIPTION OF THE SITE J/Iit:. I f BBCIIfNIHG AT A POIMT lit THE !AST LINE OP THE MARY C. THOMAS TRACT, AS SHOWH ON A HAP RECORDED 1M BOOI: 5, PAGE 168 OF KISCELLAH!:OUS RECORDS OF LOS ANGELES COllMTY. CALIFORlfIA, SAID POIItT BEING DISTAltT MORTH O. 06' 40' VEST 342.79 PEET PROK THE NORTSWZST CORH!l OP TRACT NO. 1450, 1M THE CITY OP ORANGE, COUNTY OF ORANGE, STATE OP CALIPORNIA, AS SHOVH OM A HAP RECORDED IN BOOI: 62. PAGE 17 OP KISCELLA1f!OUS HAPS, RECORDS OP ORANGI COUNTY, CALIFORNIA; TH!lfCE NORTH O. 05' 40' VEST 779.18 FEET TO A POINT IN THE SOUTSElLY LllfB OP THE RIGHT OF WAY OP THE SOUTHERB CALIFORlfIA IlAILWAY, MOW THI ATCHISOR, TOPEI:A AIfD SAItTA FE RAILWAY COHPANY, TBENCE SOUTB 70. 44' 00. EAST ALOIlG SAID SOUTBEILY UGHT OP WAY LIME 532.03 PEET TO A POINT lit THE CDTElLIIfB OF BATAVIA STUn' 611.00 FEET VIDE: TH!lfCE SOUTS O. 06' 30' VEST ALOIfG SAID C!HTElLIIfB 600.13 PEn' TO A POINT n1STANT NOIlTB O. 011' 30' EAST 347.45 "l':ET PIlCH TBB MOIlTSWZST CORH!l OF aICHLAND PAIlK LOT MO. 27 AS SHOVN ON A HAP RECORDED IR BOOI: 5. PAGE 123 OP KISCELLAlfEOUS RECORDS OP LOS ARGELES COUIfTT, CALIFORlfIA, TH!RCE SOUTS 89. 35' 55' VEST 499.60 FEET TO THE POINT OP BECIIfNIHG. oJ. EXCEPTIIfG TBBIlBPIlOM TBB SOUTS 407.54 PEET, SAID SOUTS 407.54 FEET BEING MEASURED ALOIfG BATAVIA STUET. ALSO EXCEPTING TBEREPIlOM THE WEST 7.00 PEET OP THE !AST 40 PEET AS DESCIlIBED IN A DEED TO THE CITY OP ORAlfGE, IlECORDED HARCB 1, 19115, lit BOOr: 7429. PAGE 411, OPPICIAL RECORDS. r;': UBLAS86_' 1941823S94S ExmBIT A TO ATTACHMENT NO.6